After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.082%7d average−0.022%fees + slippage, in and out−$49spread needed0.488%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX PONS-USDT-SWAP | 0.5835 | 0.0163 | pay 0.0082% / 4h | 1h 37m | $13.0M | $55.7M | 20x |
| Short | Aster PONSUSDT | 0.5830 | 0.0100 | get 0.0050% / 4h | 1h 37m | $1.1M | $2.1M | 20x |
OKX PONS-USDT-SWAP
Aster PONSUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.18
- Funding while held
- −$1.9
- Slippage, 4 orders
- −$30.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$58.83
- Spread needed to break even
- 0.488%
Slippage from OKX: live order book, 3 min ago; Aster: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0063%
- Per $10,000 a day
- −$1.90
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 3 min ago | 0.86 bp | 13.3 bp −$13 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Aster live order book, 3 min ago | 4.12 bp | 10.5 bp −$10 | 30.3 bp −$303 | doesn't fit | doesn't fit |
PONS price on every exchange
against the cheapest. Click to use as the short leg.Injective0.5738cheapestVariational Omni0.5813+1.312%gTrade (Gains Network)0.5829+1.583%edgeX0.5829+1.592%Aevo0.5830+1.597%Phoenix0.5830+1.603%
Injective
Variational Omni
gTrade (Gains Network)
Aevo
PhoenixAster0.5830+1.607%
Gate0.5831+1.621%BloFin0.5832+1.638%Extended0.5833+1.652%Bybit0.5833+1.656%MEXC0.5833+1.656%SoDEX0.5833+1.663%BingX0.5834+1.673%
Gate
BloFin
Extended
Bybit
MEXC
SoDEX
BingXOKX0.5835+1.690%
Lighter RH0.5835+1.694%Popdex0.5836+1.708%Binance0.5836+1.713%Bitget0.5836+1.715%Hyperliquid0.5837+1.722%Phemex0.5837+1.725%KuCoin0.5837+1.734%Polymarket Perps0.5838+1.736%Nado0.5838+1.744%Pacifica0.5838+1.749%HTX0.5840+1.779%Lighter0.5840+1.786%Orderly0.5841+1.788%SunX0.5842+1.809%ApeX Omni0.5842+1.818%
Lighter RH
Popdex
Binance
Bitget
Hyperliquid
Phemex
KuCoin
Polymarket Perps
Nado
Pacifica
HTX
Lighter
Orderly
SunX
ApeX OmniPONS on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective PONS/USDC PERP | −1.662% | +0.0033% | 1h | $590 | $3K | 5.5x | as long as short |
| Variational Omni PONS | −0.373% | +0.0100% | 4h | $1.3M | $4.1M | — | as long as short |
| gTrade (Gains Network) PONS/USD | −0.106% | L +0.0032% / S −0.0032% | 1h | $211K | — | 150x | as long as short |
| edgeX PONSUSDC | −0.097% | +0.0278% | 4h | $20K | $292K | 10x | as long as short |
| Aevo PONS-PERP | −0.092% | +0.0144% | 1h | $363 | — | 3x | as long as short |
| Phoenix PONS | −0.086% | +0.1299% | 1h | $24K | $70K | 3x | as long as short |
| Aster PONSUSDTshort | −0.082% | +0.0100% | 4h | $1.1M | $2.1M | 20x | |
| Gate PONS_USDT | −0.069% | −0.0108% | 4h | $5.2M | $7.2M | 20x | as long as short |
| BloFin PONS-USDT | −0.051% | +0.0504% | 4h | $1.7M | $983K | 20x | as long as short |
| Extended PONS-USD | −0.038% | +0.0264% | 1h | $87K | $542K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit PONSUSDT | −0.034% | +0.0100% | 4h | $17.0M | $31.2M | 20x | as long as short |
| MEXC PONS_USDT | −0.034% | +0.0262% | 4h | $7.0M | $5.3M | 20x | as long as short |
| SoDEX PONS-USD | −0.027% | +0.0100% | 1h | $27K | $533K | 3x | as long as short |
| BingX PONS-USDT | −0.017% | +0.0283% | 4h | — | $3.3M | — | as long as short |
| OKX PONS-USDT-SWAPlong | 0.000% | +0.0163% | 4h | $13.0M | $55.7M | 20x | |
| Lighter RH PONS | +0.003% | +0.0400% | 1h | $415K | $2.4M | 3x | as long as short |
| Popdex PONSUSDT | +0.017% | +0.0096% | 1h | $20K | $512K | 20x | as long as short |
| Binance PONSUSDT | +0.022% | +0.0264% | 4h | $37.6M | $99.5M | 20x | as long as short |
| Bitget PONSUSDT | +0.024% | +0.0134% | 4h | $4.6M | $11.6M | 20x | as long as short |
| Hyperliquid PONS | +0.031% | +0.0100% | 1h | $58.1M | $29.8M | 3x | as long as short |
| Phemex PONSUSDT | +0.034% | +0.0100% | 4h | $1.7M | $3.3M | 20x | as long as short |
| KuCoin PONSUSDTM | +0.043% | +0.0100% | 4h | $1.7M | $3.5M | 20x | as long as short |
| Polymarket Perps PONS-USD | +0.045% | +0.0429% | 1h | $71K | $1.8M | 3x | as long as short |
| Nado PONS-PERP | +0.053% | +0.0100% | 1h | $72K | $94K | 5x | as long as short |
| Pacifica PONS | +0.057% | +0.0157% | 1h | $46K | $116K | 3x | as long as short |
| HTX PONS-USDT | +0.087% | +0.0100% | 4h | $62K | $500K | 20x | as long as short |
| Lighter PONS | +0.094% | +0.1016% | 1h | $1.7M | $868K | 3x | as long as short |
| Orderly PERP_PONS_USDC_mythos | +0.096% | +0.0100% | 4h | $2K | $3K | 10x | as long as short |
| SunX PONS-USDT | +0.117% | +0.0100% | 4h | — | $1.3M | 10x | as long as short |
| ApeX Omni PONSUSDT | +0.125% | +0.0100% | 1h | $34K | $317K | 5x | as long as short |